Fund Performance
Lumpsum
SIP
4.02
as on 07 Jun 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,255 today.
NAV Performance
Fund Information
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₹ 1,170.229
as on 07 Jun 2023 -
Regular - Growth
-
-
-
₹ 5,000
-
₹ 477 Cr.
as on 30 Apr 2023 -
0.2%
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18 Jul 2019
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CRISIL 10 Year Gilt Index
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LIC Mutual Fund
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Highlights of this fund
LIC Overnight Fund is an Open-ended Debt Fund. The fund belongs to Overnight Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 18 Jul 2019. This fund is offered by one of the top AMC (Assets Management Company) LIC Mutual Fund. You can also view here all other Debt funds offered by LIC Mutual Fund.
Latest NAV of the fund is ₹ 1,170.229 as on 07 Jun 2023.
This fund has 3 years of track record. Since 31 Mar 2023 expense ratio of this fund is 0.2%. Ideally you shoulds compare this fund with the benchmark CRISIL 10 Year Gilt Index.
You can invest in this fund in SIP with the minimum investment of ₹ 1,000. Lumpsum invest is offered with minimum investment of ₹ 5,000.
Fund Objective
The Scheme aims to provide reasonable returns commensurate with low risk and providing a high level of liquidity, through investments made primarily in overnight securities having maturity/residual maturity of 1 business day.
List of Fund Managers of LIC Overnight Fund
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About Rahul Singh
Rahul Singh carries over 24 years of investment experience. He joined Tata Asset Management in October 2018 as the CIO-Equities to lead the fund management and equity research teams. He is a Bachelor of Technology in Mechanical Engineering and an alumnus of IIM Lucknow where he pursued his Master of Business Administration in Finance and Financial Management Services
Riskometer : Risk associated with this fund
Investors understand that their principal will be at Moderately Low Risk
Fund Return Comparison
| Fund Name | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Category Best | 0.12% | 0.55% | 1.66% | 3.23% | 6.02% | 4.73% | 4.18% | 4.63% | 6.05% | 6.36% | 5.46% | 4.85% | 4.46% | 5.22% |
| Category Average | 0.11% | 0.51% | 1.56% | 3.02% | 5.59% | 4.42% | 3.99% | 4.50% | 5.93% | 6.20% | 5.31% | 4.71% | 4.42% | 5.13% |
| LIC Overnight Fund | 0.11%₹ 10,011 | 0.53%₹ 10,053 | 1.60%₹ 10,159 | 3.13%₹ 10,313 | 5.85%₹ 10,584 | 6.17%₹ 12,396 | 4.57%₹ 10,934 | 5.29%₹ 25,331 | 4.02%₹ 11,255 | 4.69%₹ 38,662 | - | - | - | - |
| BOI AXA Overnight Fund | 0.12%₹ 10,012 | 0.55%₹ 10,054 | 1.66%₹ 10,165 | 3.23%₹ 10,323 | 6.02%₹ 10,601 | 6.36%₹ 12,408 | 4.73%₹ 10,967 | 5.46%₹ 25,375 | 4.18%₹ 11,307 | 4.85%₹ 38,756 | - | - | - | - |
| Axis Overnight Fund | 0.12%₹ 10,011 | 0.54%₹ 10,053 | 1.64%₹ 10,163 | 3.21%₹ 10,320 | 5.96%₹ 10,595 | 6.29%₹ 12,404 | 4.65%₹ 10,952 | 5.39%₹ 25,357 | 4.12%₹ 11,286 | 4.78%₹ 38,717 | - | - | - | - |
| Canara Robeco Overnight Fund | 0.12%₹ 10,011 | 0.53%₹ 10,053 | 1.62%₹ 10,162 | 3.18%₹ 10,318 | 5.93%₹ 10,592 | 6.25%₹ 12,401 | 4.64%₹ 10,949 | 5.37%₹ 25,351 | 4.11%₹ 11,284 | 4.77%₹ 38,708 | - | - | - | - |
| Mirae Asset Overnight Fund | 0.12%₹ 10,011 | 0.53%₹ 10,053 | 1.62%₹ 10,162 | 3.18%₹ 10,317 | 5.91%₹ 10,591 | 6.25%₹ 12,401 | 4.63%₹ 10,947 | 5.35%₹ 25,348 | 4.10%₹ 11,282 | 4.76%₹ 38,702 | - | - | - | - |
| Baroda Overnight Fund | 0.12%₹ 10,012 | 0.55%₹ 10,054 | 1.64%₹ 10,164 | 3.18%₹ 10,317 | 5.92%₹ 10,592 | 6.27%₹ 12,402 | 4.62%₹ 10,945 | 5.35%₹ 25,349 | 4.09%₹ 11,279 | 4.76%₹ 38,701 | - | - | - | - |
Portfolio Holdings
Top Debt Instrument Type holdings of LIC Overnight Fund
| Instrument Type | Holding Percentage | Holding Values in Crore |
|---|---|---|
| CP | 10.49% | ₹ 49.99 Cr. |
| T-Bills | 1.05% | ₹ 5.00 Cr. |
| Others | 88.46% | - |
Top Debt Holdings of LIC Overnight Fund
| Name of Debt Instrument | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Bond - HDFC Securities Ltd. | 10.49% | ₹ 49.99 Cr. |
| Bond - T-Bill | 1.05% | ₹ 5.00 Cr. |
| Others | 88.46% |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| TREPS | 88.45% |
| Net Receivables | 0.01% |